Apartment for sale in Málaga Centro – R5441449

  • €440,000
  • Previous price: €484,000 −9%Price reduced by €44,000 on 23/10/2026
  • Bedrooms5
  • Bathrooms2
  • Built area114 m²
UNIQUE INVESTMENT OPPORTUNITY IN THE HEART OF MÁLAGA – HIGH RETURNS FROM DAY ONE

An exceptional opportunity to acquire a high-performing investment property in the very heart of Málaga. Located on Peso de la Harina Street, one of the city's most sought-after areas, this apartment benefits from year-round tourist demand and consistently high occupancy rates.

The property offers 114 m² of living space, complemented by a large private terrace and an interior patio—a rare and highly valuable feature in Málaga's historic centre.

Featuring 5 spacious bedrooms and 2 bathrooms, the apartment has been designed to maximise short-term rental income while providing guests with comfort and functionality. It is equipped with central heating and air conditioning, ensuring year-round comfort.

The property has also been recently upgraded with new Climalit double-glazed windows, significantly improving energy efficiency, sound insulation, and overall quality.

ACTIVE TOURIST LICENSE & PROVEN RENTAL BUSINESS

This is a fully operational holiday rental with an active tourist licence and an established track record of success.

Proven performance:

Gross rental income exceeding €53,000 in 2025
Approximately 80% annual occupancy
Immediate income from day one with no additional investment required

Already established in the market, this property offers investors the opportunity to generate returns immediately.

Prime location + generous size + active tourist licence = a rare, high-yield ‌investment ‌asset ‌in ‌one ‌of Málaga's ‌strongest ‌rental markets.

This ‌is more than just an ‌apartment—it's a ‌thriving ‌business ‌ready to continue generating ‌income ‌from ‌the ‌moment ‌you ‌take ‌ownership.
This property for sale in Málaga Centro has 5 bedrooms, 2 bathrooms and 114 m². 440,000 €. Located in Málaga, on the Costa del Sol (Málaga, Spain). Reference R5441449. Contact EVS PROPERTY GROUP for more information or to arrange a viewing.

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Listed on 17/07/2026

Approximate address

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  • Address: Málaga Centro, Costa del Sol, Málaga, Spain
  • City: Málaga Centro, Málaga
  • Province: Málaga

Details and legal information

Updated on October 26, 2026

Decree 218/2005 of the Junta de Andalucía · Consumer information on the sale and rental of homes

  • ReferenceR5441449
  • Price€440,000
  • Area114 m²
  • Bedrooms5
  • Bathrooms2
  • Garage0
  • Year Built1975
  • Property typeApartment, Middle Floor Apartment

Price history

FromPrice
23/10/2026€440,000−9.1%
27/09/2026€484,000 · taken off the market

Published prices since we started recording them (27/09/2026). Reductions are set by the owner; they are not an EVS discount.

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Purchase costs and yield

Type of home
Resale
Tax residence

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Gross yield = annual rent ÷ price × 100. The net yield depends on costs, IBI and community fees: use the “Yield / ROI” tab.

An indicative calculation, not tax or legal advice. Rates in force in Andalusia as of 10/10/2026.

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